Friday, July 08, 2005

Greed in it's most disgusting form

This is what we're dealing with, folks:

From Media Matters:

Hume's "first thought" on hearing of London attacks: It's "time to buy" futures

During Fox News' coverage of the July 7 London bombings, Washington managing editor Brit Hume told host Shepard Smith that his "first thought," when he "heard there had been this attack" and saw the low futures market, was "Hmmm, time to buy." Smith had asked Hume to comment on the lack of a negative U.S. stock market reaction to the London attacks.

From Fox News' July 7 breaking news coverage between 1 and 2 p.m. ET:

SMITH: Some of the things you might expect to happen, for instance, a drop in the stock market and some degree of uncertainty across this country -- none of that really seen today, and I wonder if the timing of it -- that it happened in the middle of the night and we were able to get a sense of the grander scheme of things -- wasn't helpful in all this.

HUME: Well, maybe. The other thing is, of course, people have -- you know, the market was down. It was down yesterday, and you know, you may have had some bargain-hunting going on. I mean, my first thought when I heard -- just on a personal basis, when I heard there had been this attack and I saw the futures this morning, which were really in the tank, I thought, "Hmmm, time to buy." Others may have thought that as well. But you never know about the markets. But obviously, if the markets had behaved badly, that would obviously add to people's sense of alarm about it. But there has been a lot of reassurance coming, particularly in the way that -- partly in the way the Brits handled all this, but also in the way that officials here handled it. There seems to be no great fear that something like that is going to happen here, although there's no indication that we here had any advance warning.

You can watch the video in Quicktime or Windows Media here

From Lizzy - How can this idiot, Brit Hume, still have a job? Oops, what am I saying, it's FOX News we're talking about.


Sheryl said...

I think people with that sort of mindset have already subdivided everyone who is not "American" as being on a different team. If they had specifically bombed Americans in London, then the stock market would have dropped.

That's why the Bush administration feels it does not have to listen to allies when they tell him not to attack Iraq or whatever.

But Lizzy, didn't you know that as an "American" you are one of the chosen ones blessed supremely by the Gods? Inherently good purely by association with that label. You don't need to be concerned with the rest of humanity because they are "them." They can take care of their own stock markets.

Jim Marquis said...

Boy, talk about a statement that symbolizes what a person (and a network) are all about. Even people on the Right were disgusted with Hume.

Damien said...

Hey we heard about those comments over here, what a total sense of disconnection.